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| John Wren |
Omnicom CEO John Wren reports Q1 revenues from “core operations” rose 6.7 percent to $5.6B, driven in part by a 3.9 percent boost in organic growth.
The compay defines core operations as excluding businesses that have been sold or are up for sale.
Reported revenues surged 69.2 percent to $6.2B, largely reflected by the acquisition of Interpublic. Net income was up 41.7 percent to $405M.
Wren said the strong performance of “new Omnicom reflects our new integrated capabilities, core portfolio operations, and successful integration activities.”
He boasted that OMC has the “largest global media platform,” proprietary data and identity capabilities powered by AI that are needed to win in the increasingly fragmented and complex marketing environment.
OMC’s PR group, which includes Weber Shandwick, Golin, Ketchum, FleishmanHillard, Porter Novelli and Marina Maher Communications, combined for $659.8 revenues.
WPP CEO Cindy Rose declares her stabilization plan is "firmly on track" as the company reports a 4.7 percent dip in 1H revenues.
FTI Consulting reported a 2.6 percent drop in Q2 strategic communications revenues to $100M, a shortfall largely due to a $7.4M decline in pass-through revenues.
Omnicom CEO John Wren reported a 7.2 percent rise in Q2 “core operations” to $6B and a 6.1 percent spurt on an organic basis.
Publicis Groupe’s H1 net revenues inched ahead by 1.1 percent to $8.3B. Organic growth hit the 4.7 percent mark.
Public Policy Holding Company grew 27.5 percent to $50.1M during Q1, powered by the accelerating contribution from recent acquisitions and a 5.1 percent hike in organic revenues across its three operating segments.
